Research and Markets (http://www.researchandmarkets.com/research/gldlgt/global_mobile)
has announced the addition of the "Global
Mobile Satellite Service Market 2011-2015" report to their
One of the key factors contributing to this market growth is the
increasing adoption in the Maritime sector. The Global Mobile Satellite
Service market has also been witnessing the increasing use of mobile
satellite services during emergency situations. However, the need for
high levels of initial investment could pose a challenge to the growth
of this market.
The key vendors dominating this market pace are Globalstar Inc.,
Inmarsat Plc., Iridium Communications Inc., Orbcomm Inc., and Thuraya
Satellite Telecommunication Company Inc.
The other vendors mentioned in the report are SkyTerra Communications
Inc., Solaris Mobile Ltd., ICO Global Communication Ltd., LightSquared
Inc., Terrestar Network Inc.
Commenting on the report, an analyst from TechNavio's Telecom team said:
''Currently, most countries are allotting more budget for disaster
management purposes. This is because mobile satellite services have been
very useful in establishing connectivity during national emergencies
such as natural disasters. Hence, an increasing number of organizations
such as the United Nations (UN), non-governmental organizations (NGOs),
and other disaster management departments are increasingly adopting
mobile satellite services. Thus, the increasing demand for mobile
satellite services in emergency situations is an emerging trend in the
Global Mobile Satellite Service market.''
According to the report, one of the main drivers is the increasing
adoption of mobile satellite service in the Maritime sector. Currently,
many merchant shipping vehicles are using mobile satellite services for
crew communication. Hence, the Merchant Shipping industry is increasing
massively year-on-year and is expected to boost the growth rate of the
For more information visit http://www.researchandmarkets.com/research/gldlgt/global_mobile
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